Business Directories

National Bank of Kuwait, the country’s largest commercial lender, reported a net profit of KD57.9 million ($197.2 million) in the fourth quarter of 2014, compared to KD39.6 million a year ago, marking an increase of 46.4 per cent.

Infrastructure investments worth $1.1 trillion are envisaged on a range of high-profile projects in Saudi Arabia, a report said.
These include the Riyadh and Makkah metros, worth $23 billion and $7 billion, respectively, the King

Infrastructure investments worth $1.1 trillion are envisaged on a range of high-profile projects in Saudi Arabia, a report said.
These include the Riyadh and Makkah metros, worth $23 billion and $7 billion, respectively, the King

Spearheaded by the government’s investment and diversification plan, Saudi Arabia’s non-oil economy will maintain its positive growth trajectory and post increases of 5 per cent in 2015 and 2016, a report said.
Governm

National Bank of Kuwait (NBK) Group, a leading bank of Kuwait, has announced the appointment of Salah Al Fulaij as the new chief executive officer of NBK- Kuwait.
Al Fulaij had been the CEO of NBK Capital, NBK’s investment b

Despite a marginal uptick in the consumer price index (CPI) in November, Kuwait’s inflation remained largely subdued during 2014 and is expected to end the year at an average of 3 per cent, a report said.
The main source of

National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 15.6 per cent drop in third-quarter net profit on Wednesday, missing analysts' expectations despite an increase in revenue.
It gave

Real estate sales in Kuwait declined for the second month in a row to KD250 million ($862.5 million) in August, a drop of 6.7 per cent month-on-month, a report said.
Real estate activity is traditionally muted in August when much

National Bank of Kuwait (NBK) has agreed to sell its 30 per cent stake in its Qatari associate, International Bank of Qatar (IBQ), to Qatari investors in a transaction worth $538 million (KD155 million), at a $87 million profit.
N

National Bank of Kuwait (NBK) has been selected as the “Safest Commercial Bank” in the Arab World and ranked 23rd among the World’s Top 50 Safest Commercial Banks in 2014 in a survey.
NBK also maintained its rank